A Positional trade Setup
This post I have created for education purpose for the beginners.
This is simple analysis without using any indicator.
One should use 30 min timeframe for intraday only just to see what's happening on big timeframe.
30 min TF is not good for intraday and I wouldn't suggest this to anyone.
My stoploss would be below the breakout candle also because it is below support now.
Some people may keep below the support line of pattern.
That differs person to person as per their risk management.
First learn to analyze the message of the candlesticks and their formations.
And then step up on the indicators, cause indicators are build up on candlesticks, so understand the chart message and then see what other things (indicators) are indicating(if you want to use).
And also you should also see the market indices, cause they may impact.
Indices, sectoral indices should be in trend favour too.
This is simple analysis without using any indicator.
One should use 30 min timeframe for intraday only just to see what's happening on big timeframe.
30 min TF is not good for intraday and I wouldn't suggest this to anyone.
My stoploss would be below the breakout candle also because it is below support now.
Some people may keep below the support line of pattern.
That differs person to person as per their risk management.
First learn to analyze the message of the candlesticks and their formations.
And then step up on the indicators, cause indicators are build up on candlesticks, so understand the chart message and then see what other things (indicators) are indicating(if you want to use).
And also you should also see the market indices, cause they may impact.
Indices, sectoral indices should be in trend favour too.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.